vs
Side-by-side financial comparison of Armour Residential REIT, Inc. (ARR) and FTC Solar, Inc. (FTCI). Click either name above to swap in a different company.
Armour Residential REIT, Inc. is the larger business by last-quarter revenue ($50.4M vs $32.9M, roughly 1.5× FTC Solar, Inc.). Armour Residential REIT, Inc. runs the higher net margin — 420.2% vs -110.7%, a 531.0% gap on every dollar of revenue. On growth, Armour Residential REIT, Inc. posted the faster year-over-year revenue change (297.9% vs 148.9%). Over the past eight quarters, Armour Residential REIT, Inc.'s revenue compounded faster (108.0% CAGR vs 61.6%).
Armour Residential REIT, Inc. is a U.S.-based real estate investment trust that primarily invests in agency residential mortgage-backed securities guaranteed by U.S. government-sponsored entities. It focuses on generating consistent long-term net income for shareholders via strategic asset management and active interest rate risk mitigation.
FTC Solar, Inc. is a leading global provider of advanced solar tracker systems, associated components, and supporting software for solar projects. It serves utility-scale, commercial, and industrial solar segments across key global markets, helping customers boost energy generation efficiency and lower overall project costs.
ARR vs FTCI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $50.4M | $32.9M |
| Net Profit | $211.7M | $-36.4M |
| Gross Margin | — | 14.9% |
| Operating Margin | — | -17.2% |
| Net Margin | 420.2% | -110.7% |
| Revenue YoY | 297.9% | 148.9% |
| Net Profit YoY | 555.9% | -197.4% |
| EPS (diluted) | $2.43 | $-2.31 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $50.4M | $32.9M | ||
| Q3 25 | $38.5M | $26.0M | ||
| Q2 25 | $33.1M | $20.0M | ||
| Q1 25 | $36.3M | $20.8M | ||
| Q4 24 | $12.7M | $13.2M | ||
| Q3 24 | — | $10.1M | ||
| Q2 24 | $7.0M | $11.4M | ||
| Q1 24 | — | $12.6M |
| Q4 25 | $211.7M | $-36.4M | ||
| Q3 25 | $159.3M | $-23.9M | ||
| Q2 25 | $-75.6M | $-15.4M | ||
| Q1 25 | $27.3M | $-3.8M | ||
| Q4 24 | $-46.4M | $-12.2M | ||
| Q3 24 | — | $-15.4M | ||
| Q2 24 | $-48.4M | $-12.2M | ||
| Q1 24 | — | $-8.8M |
| Q4 25 | — | 14.9% | ||
| Q3 25 | — | 6.1% | ||
| Q2 25 | — | -19.6% | ||
| Q1 25 | — | -16.6% | ||
| Q4 24 | — | -29.1% | ||
| Q3 24 | — | -42.5% | ||
| Q2 24 | — | -20.5% | ||
| Q1 24 | — | -16.7% |
| Q4 25 | — | -17.2% | ||
| Q3 25 | — | -29.6% | ||
| Q2 25 | — | -57.5% | ||
| Q1 25 | — | -50.8% | ||
| Q4 24 | — | -101.7% | ||
| Q3 24 | — | -147.8% | ||
| Q2 24 | — | -104.3% | ||
| Q1 24 | — | -99.3% |
| Q4 25 | 420.2% | -110.7% | ||
| Q3 25 | 413.5% | -92.0% | ||
| Q2 25 | -228.4% | -77.2% | ||
| Q1 25 | 75.2% | -18.4% | ||
| Q4 24 | -366.8% | -92.7% | ||
| Q3 24 | — | -151.5% | ||
| Q2 24 | -693.8% | -107.1% | ||
| Q1 24 | — | -69.7% |
| Q4 25 | $2.43 | $-2.31 | ||
| Q3 25 | $1.49 | $-1.61 | ||
| Q2 25 | $-0.94 | $-1.18 | ||
| Q1 25 | $0.32 | $-0.58 | ||
| Q4 24 | $-0.91 | $-0.95 | ||
| Q3 24 | — | $-1.21 | ||
| Q2 24 | $-1.05 | $-0.97 | ||
| Q1 24 | — | $-0.70 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $63.3M | $21.1M |
| Total DebtLower is stronger | — | $9.9M |
| Stockholders' EquityBook value | $2.3B | $-43.0M |
| Total Assets | $21.0B | $111.8M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $63.3M | $21.1M | ||
| Q3 25 | $44.2M | $24.4M | ||
| Q2 25 | $141.2M | $3.5M | ||
| Q1 25 | $49.1M | $5.9M | ||
| Q4 24 | $68.0M | $11.2M | ||
| Q3 24 | — | $8.3M | ||
| Q2 24 | $126.6M | $10.8M | ||
| Q1 24 | — | $14.0M |
| Q4 25 | — | $9.9M | ||
| Q3 25 | — | $16.6M | ||
| Q2 25 | — | $10.9M | ||
| Q1 25 | — | $10.2M | ||
| Q4 24 | — | $9.5M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $2.3B | $-43.0M | ||
| Q3 25 | $2.1B | $-13.7M | ||
| Q2 25 | $1.7B | $9.0M | ||
| Q1 25 | $1.7B | $15.5M | ||
| Q4 24 | $1.4B | $19.0M | ||
| Q3 24 | — | $30.4M | ||
| Q2 24 | $1.2B | $44.2M | ||
| Q1 24 | — | $55.2M |
| Q4 25 | $21.0B | $111.8M | ||
| Q3 25 | $19.4B | $111.5M | ||
| Q2 25 | $16.2B | $83.0M | ||
| Q1 25 | $15.5B | $84.1M | ||
| Q4 24 | $13.5B | $89.9M | ||
| Q3 24 | — | $91.7M | ||
| Q2 24 | $10.1B | $100.3M | ||
| Q1 24 | — | $115.0M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 1.20× | ||
| Q1 25 | — | 0.65× | ||
| Q4 24 | — | 0.50× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $124.2M | $-8.0M |
| Free Cash FlowOCF − Capex | — | $-8.4M |
| FCF MarginFCF / Revenue | — | -25.7% |
| Capex IntensityCapex / Revenue | — | 1.3% |
| Cash ConversionOCF / Net Profit | 0.59× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-34.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $124.2M | $-8.0M | ||
| Q3 25 | $-37.8M | $-14.6M | ||
| Q2 25 | $25.0M | $-2.3M | ||
| Q1 25 | $101.5M | $-8.5M | ||
| Q4 24 | $261.5M | $-16.7M | ||
| Q3 24 | — | $-2.4M | ||
| Q2 24 | $27.1M | $-3.8M | ||
| Q1 24 | — | $-11.9M |
| Q4 25 | — | $-8.4M | ||
| Q3 25 | — | $-15.1M | ||
| Q2 25 | — | $-2.5M | ||
| Q1 25 | — | $-8.6M | ||
| Q4 24 | — | $-17.0M | ||
| Q3 24 | — | $-2.6M | ||
| Q2 24 | — | $-4.5M | ||
| Q1 24 | — | $-12.3M |
| Q4 25 | — | -25.7% | ||
| Q3 25 | — | -57.9% | ||
| Q2 25 | — | -12.4% | ||
| Q1 25 | — | -41.2% | ||
| Q4 24 | — | -128.6% | ||
| Q3 24 | — | -25.6% | ||
| Q2 24 | — | -39.2% | ||
| Q1 24 | — | -97.6% |
| Q4 25 | — | 1.3% | ||
| Q3 25 | — | 1.7% | ||
| Q2 25 | — | 0.9% | ||
| Q1 25 | — | 0.4% | ||
| Q4 24 | — | 2.2% | ||
| Q3 24 | — | 2.2% | ||
| Q2 24 | — | 6.1% | ||
| Q1 24 | — | 3.4% |
| Q4 25 | 0.59× | — | ||
| Q3 25 | -0.24× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 3.71× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ARR
Segment breakdown not available.
FTCI
| Products | $26.2M | 80% |
| Services | $6.7M | 20% |
